Polygon Makes Strategic Investment into Social NFT Platform DeFine
Today, social NFT platform DeFine announced a strategic investment from Polygon. DeFine will join forces with Polygon Studio to focus on lowering the entry barriers of NFTs to non-crypto users and facilitating social interaction and engagement between creators and users in the digital world. The funds will be used for developer network growth and the expansion of social NFT features on Polygon.
In early October, DeFine successfully integrated with Polygon. The integration aimed to lower entry barriers for users of the platform and allow all creators, including artists, musicians, influencers and gamers to engage and interact with their fanbase with digital assets like NFTs and social tokens.
In the near future, DeFine will bring its social profile system to the Polygon ecosystem. DeFine social profile system is an NFT-based social identity constructed for users according to their contribution and achievements in the digital world. With Polygon integration, users will be granted badges representing their activities in the ecosystem, such as crossing asset bridges, providing liquidity, participating in governance, purchasing artwork, and so much more.
Prior to Polygon, DeFine already supported Ethereum Network, Binance Smart Chain, and Tron Network and will continue to expand with other multi-chain NFT development. With this recent strategic partnership, DeFine will provide special badges for the Polygon ecosystem users along with offering perks to the badge holders.
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 700+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
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DeFine is the NFT social platform for all creators including artists, musicians, influencers, gamers, and athletes. The platform facilitates all social interaction, engagement and communication for creators and their fanbase with digital assets like NFTs and social/fan tokens.